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All Forum Posts by: Kevin Lanphear

Kevin Lanphear has started 16 posts and replied 64 times.

Post: Buying rental properties out of state

Kevin LanphearPosted
  • Rental Property Investor
  • Acworth, Ga
  • Posts 64
  • Votes 24

Thank you!

Post: How I retired at 30 years young! Questions to ask yourself.

Kevin LanphearPosted
  • Rental Property Investor
  • Acworth, Ga
  • Posts 64
  • Votes 24

@Bryce Stclair

Congrats buddy! I am just now starting my rental property journey at 33 in my state GA LOL but I'm glad I'm starting now than later. For my second and third rental property, I am thinking about looking at better markets to increase my cash on cash ROI out of state so my question for you is this...if you can help me out.

How does taxes work at the end of the year for reporting your rental income from your out of state properties?

Post: Buying rental properties out of state

Kevin LanphearPosted
  • Rental Property Investor
  • Acworth, Ga
  • Posts 64
  • Votes 24

I live and own my first rental property in GA using Mynd property mgt company. However I know there are many other better cash on cash ROI markets out of state (maybe FL TN etc) and just wondering what to consider if I do look outside of my state.

How do taxes work regarding when i report any out of state rental income, and is it better to focus on lower tax states or how does that work?

By the way I would still use Mynd as my property mgt company out of state because of their value and rates.

I look forward to your help fam!

Post: Just joined today, but need help with rental property tool. Help!

Kevin LanphearPosted
  • Rental Property Investor
  • Acworth, Ga
  • Posts 64
  • Votes 24

Earlier I joined and created my account today. I then went straight to the Property tool page and was able to create a successful analysis for my first rental property. Now I try to go back and cannot access the report I made or even create a new one. Why was I even able to create it in the first place?

Can I get a trial or something to save a few PDFs?